City

Data Normalization

Clean, Standardized Data is the Foundation of Every Successful Claim

The Challenge


No two claims administrators accept data in the same format. Inconsistent formatting, missing identifiers, and incompatible field structures are among the most common reasons claims are rejected or reduced.

Before any claim can be filed effectively, the underlying transaction data must be accurate, complete, and organized to meet administrator requirements — requirements that vary by jurisdiction, by case, and sometimes by distribution round.

 

What CCC Does

Data normalization is included as part of CCC's full-service program or available as a standalone service for institutions that manage their own filing but need help getting their data in order first.

More News From the Class Action World

I could go on and on, but bottom line, the fees being charged are much less than what I was spending in house to file and this is just one less thing I have to spend time trying to figure out how to complete on a consistent basis. Dealing with the CCC staff has been a very positive thing.

- National Bank

We were spending countless hours on class action claims before we signed on with CCC in January. Matt Murray and their technical team ensured our data transmission was seamless and secure. We found everyone at CCC to be professional, courteous, and accommodating.

- Savings Bank

Signing with CCC has made a huge difference. Before, it was horrible. We had to print thousands of pieces of paper, invite clients to come in and sit down with us to show them where to find the transactions, how to input them into the Proof of Claim forms. Now it's simple. It’s very nice to be able to tell our client, “You can shred that Proof of Claim form because CCC has it taken care of.

- Registered Investment Advisor

Your client reporting portal and customer service is the reason we chose Chicago Clearing. I send the data on an annual basis to CCC and they take it from there. My clients are protected (if there is a class action, it is getting filed), the Bank is protected (we are meeting our fiduciary obligation by filing the claims).

- Bank

Contact Us

404 South Wells St., Suite 600,
Chicago, IL 60607 – United States
Phone: (312) 204-6970
Email:
clientservice@chicagoclearing.com

About Us

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industry leader in class-action services.

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